HP Inc

HPQ remains in a clear Stage 2 advancing phase within a long-term uptrend, validated by rising 9/21 EMAs and higher highs/lows. Medium-term bias is bullish, supported by volume on rallies and shallow pullbacks holding at dynamic support. Price is currently holding just above the 9/21 EMA confluence zone after a brief retracement, presenting a favorable buy entry. Under the Free Cash Flow + Buybacks strategy, execution should occur now into these support areas while monitoring for sustained EMA support.

• ↑Revenue up 9% YoY to $15B; personal systems +13% driven by AI PC adoption (44% of shipments)
• ↑Generated $800M free cash flow; returned ~$400M via dividends and buybacks
• ↓Memory and storage cost inflation pressures operating margins below long-term range